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2026-02-22 20:00:00 UTC

bitcoinwell on Nostr: In 1971, one US dollar bought you 1/35th of an ounce of gold. Today that same dollar ...

In 1971, one US dollar bought you 1/35th of an ounce of gold.

Today that same dollar buys you 1/5,085th of an ounce.

The dollar didn't get weaker. It worked exactly as designed.

Fiat currencies are built to lose value.